The aim of this article is to show the full critical power of the subjective philosophy of living- labour which Michel Henry develops out of Marx. The radicality of such an economic philosophy was only underlined very little by the contemporary thought Marxist which, one knows it, does not give...

The article offers an analytical reconstruction of the criticism that O. Bauer leveled at R. Luxemburg's thesis about the accumulation of capital: the rise in the organic composition of capital requires capital movements between industries. The true meaning of this criticism then appears: by...

First, R. Hilferding use a theoretical Marxist device maked poorer. But a story which overestimates the role of the banks and the monopolies brings R. Hilferding to release starting assumptions and make new contributions unfortunately unknown: monopolies behaviour based on barriers at the entry,...

Beside an analysis of bank credit and financial markets, of monopoly capitalism, he role of the state and imperialism, Hilferding’s Finance Capital offers a theory of economic crisis which presents itself as an intent to incorporate the movements of profit rates and relative prices, and the...

The chapter on Money in the Grundrisse shows clearly that the presentation of the nature, properties and functions of money is opposed to the monetary theory of Utopian socialism. Marx emphasizes easily that the exchange value spontaneously objectifies itself in a money distinct from the...

Poverty was an ubiquitous theme in the literature of the beginning of the 19th century, and its analysis shifted from political or charitable perspectives to embrace a young science, namely the political economy. Stendhal’s example shows how political economy had become the only legitimate...

What do we mean when we speak about the value of work? This article tries to provide an answer to this question by analysing the notions of value and its different forms: absolute and relative value, use value and exchange value, evaluation and the creation of value. It draws especially on...

This paper examines the interaction between education, growth and distribution from a classical-Marxian perspective. It first briefly examines classical-Marxian ideas on the relation between education and growth and income distribution. Drawing on these ideas to the extent that they are relevant...

The aim of this essay is to describe the concept of self-interest and show how it relates to the idea of the individual as an economic agent, focusing only on Smith's Wealth of Nations. Self-interest is analysed from three different perspectives that highlight its conceptual complexity. The...

The aim of this paper is to trace the evolution of the concept of ''rational consumer'' in Hicks's writings. After being one of the pioneers in the introduction of rationality assumptions about consumer behaviour in economic models, Hicks gradually developed a sceptical view about some of the...